Rain Industries Limited announced a share transaction involving its promoter group. Nivee Holdings Private Limited acquired 80,000 equity shares of the company on March 25, 2026, through the open market. This purchase resulted in a marginal increase in the promoter’s stake to 2.56% of the total paid-up capital. The disclosure was made under relevant insider trading regulations on March 26, 2026.
Insider Trading Disclosure: Promoter Share Acquisition
Rain Industries Limited has formally notified stock exchanges regarding a transaction executed by its promoter entity, Nivee Holdings Private Limited. This disclosure pertains to the acquisition of company securities by a member of the Promoter Group.
Details of the Transaction
The acquisition took place on March 25, 2026, via the open market route. Nivee Holdings Private Limited purchased 80,000 equity shares of Rain Industries Limited. The total value of this transaction was stated as Rs. 87,81,491.
Change in Shareholding Percentage
Following this purchase, the total holding of Nivee Holdings Private Limited in the company increased:
- Holding Prior to Acquisition: 85,43,250 Equity Shares, representing 2.54% of the total share capital.
- Holding Post-Acquisition: 86,23,250 Equity Shares, representing 2.56% of the total share capital.
The difference represents an acquisition of 0.0238% of the paid-up equity capital. The company secretary confirmed that the disclosure was submitted by the Company Secretary, S. Venkat Ramana Reddy, on behalf of Rain Industries Limited.
Derivatives Trading Confirmation
In compliance with reporting requirements, the disclosure form confirmed that there was No Trading in Derivatives (Futures or Options) by Nivee Holdings Private Limited during the period.
Source: BSE
